| Bounce Back Loans 11:49 - May 4 with 2816 views | Boris_ |
Another great move from Rishi. £50k loans with no repayments for 12 months and no interest for 12 months, fixed 2.5% APR for the remaining 5 years with no Early Repayment Fees.
Good job we have a business minded government leading us through this pandemic.  |  |
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| Bounce Back Loans on 08:54 - May 6 with 498 views | Boris_ |
| Bounce Back Loans on 08:53 - May 6 by grumpy |
Good Grief! He’s said he’s applying for loans he doesn’t really needs |
Why are you bothered? The government aren't paying for it, the bank are, so genuinely, why are you bothered? Just like Sad Old Git, you have a very apt username. | |
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| Bounce Back Loans on 08:55 - May 6 with 497 views | saint22 |
| Bounce Back Loans on 06:32 - May 6 by Boris_ |
Am applying for two of my BUSINESSES for the £50k. Don't really need them but never going to get a chance to borrow money on those terms again so will grab the cash and invest. |
Yeah good move greedy capitalist, take money you dont really need thus depriving those who do
Who said the Tory way isn't morally wrong? |  | | |
| Bounce Back Loans on 08:58 - May 6 with 490 views | Boris_ |
| Bounce Back Loans on 08:55 - May 6 by saint22 |
Yeah good move greedy capitalist, take money you dont really need thus depriving those who do
Who said the Tory way isn't morally wrong? |
Who is it depriving? Are you saying the banks are going to run out of money? Or are you pretending there's a limit on who can have one?  | |
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| Bounce Back Loans on 09:00 - May 6 with 485 views | Bison |
| Bounce Back Loans on 08:55 - May 6 by saint22 |
Yeah good move greedy capitalist, take money you dont really need thus depriving those who do
Who said the Tory way isn't morally wrong? |
My God this is like swimming in treacle. All those that slate the banks should be cheering from the rooftops as they are the ones who have to lend the money for no financial gain as Boris said it's interest free for a year yet they will have to employ staff and maintain computer systems to administer this. |  |
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| Bounce Back Loans on 09:16 - May 6 with 463 views | grumpy |
| Bounce Back Loans on 09:00 - May 6 by Bison |
My God this is like swimming in treacle. All those that slate the banks should be cheering from the rooftops as they are the ones who have to lend the money for no financial gain as Boris said it's interest free for a year yet they will have to employ staff and maintain computer systems to administer this. |
This is ridiculous, I can’t even be bothered to answer that.Carry on swimming in treacle . |  | | |
| Bounce Back Loans on 09:19 - May 6 with 460 views | kernow |
Keeps the wheels of commerce turning.
What's the point of banks if everyone is skint?
It's self preservation. | | | |
| Bounce Back Loans on 09:37 - May 6 with 440 views | saint22 |
| Bounce Back Loans on 09:00 - May 6 by Bison |
My God this is like swimming in treacle. All those that slate the banks should be cheering from the rooftops as they are the ones who have to lend the money for no financial gain as Boris said it's interest free for a year yet they will have to employ staff and maintain computer systems to administer this. |
too right its swimming in treacle as you say
"LEND" so when you lend you have it returned and how will that happen?
Its not all free money I know a lot of people on this country think it is
FFS | | | |
| Bounce Back Loans on 09:38 - May 6 with 433 views | Occasional_Showers |
| Bounce Back Loans on 09:16 - May 6 by grumpy |
This is ridiculous, I can’t even be bothered to answer that.Carry on swimming in treacle . |
You’re getting as daft as Soggy now. |  |
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| Bounce Back Loans on 09:40 - May 6 with 435 views | this_charming_man |
| Bounce Back Loans on 09:37 - May 6 by saint22 |
too right its swimming in treacle as you say
"LEND" so when you lend you have it returned and how will that happen?
Its not all free money I know a lot of people on this country think it is
FFS |
I take it you didn't read Boris post about the interest rate then?  | |
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| Bounce Back Loans on 09:45 - May 6 with 427 views | Occasional_Showers |
| Bounce Back Loans on 09:37 - May 6 by saint22 |
too right its swimming in treacle as you say
"LEND" so when you lend you have it returned and how will that happen?
Its not all free money I know a lot of people on this country think it is
FFS |
It’s a loan you dim wit. Not everyone is an imbecile like you. | |
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| Bounce Back Loans on 09:50 - May 6 with 423 views | Boris_ |
| Bounce Back Loans on 09:16 - May 6 by grumpy |
This is ridiculous, I can’t even be bothered to answer that.Carry on swimming in treacle . |
Now now, come on. You've said that it's unreasonable for a BUSINESS owner to take a LOAN from their BANK ( not the government ) to invest and grow their company, ultimately hopefully creating more jobs.
Explain your reasons? | |
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| Bounce Back Loans on 09:52 - May 6 with 419 views | Boris_ |
| Bounce Back Loans on 09:37 - May 6 by saint22 |
too right its swimming in treacle as you say
"LEND" so when you lend you have it returned and how will that happen?
Its not all free money I know a lot of people on this country think it is
FFS |
Yes, it's a LOAN from the BANK on ridiculously good terms. So what is your issue? Explain. I'm not convinced you fly First Class if you can't see why any business should at least take the loans ( even if they put it aside and return it in 12 months if they don't need it )
What is your issue, break it down chap, or admit you don't know what you're talking about. | |
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| Bounce Back Loans on 10:41 - May 6 with 387 views | saint22 |
| Bounce Back Loans on 09:52 - May 6 by Boris_ |
Yes, it's a LOAN from the BANK on ridiculously good terms. So what is your issue? Explain. I'm not convinced you fly First Class if you can't see why any business should at least take the loans ( even if they put it aside and return it in 12 months if they don't need it )
What is your issue, break it down chap, or admit you don't know what you're talking about. |
My issue is pal, you stated you didnt really need them so why apply for them?
Leave them for those who really do need them
You are adding to the deficit of the loan which means more ha store be repaid somehow | | | |
| Bounce Back Loans on 10:59 - May 6 with 382 views | Boris_ |
| Bounce Back Loans on 10:41 - May 6 by saint22 |
My issue is pal, you stated you didnt really need them so why apply for them?
Leave them for those who really do need them
You are adding to the deficit of the loan which means more ha store be repaid somehow |
You aren't as savvy with BUSINESS as you make out, are you?
The bank will receive around £5k in interest over the term and the government will not pay a penny.
Also, to repeat, it is the BANK that are offering them, not the government so what deficit are you talking about? Keen to understand your beef mush. They also aren't limited so nobody is going to 'miss out' . | |
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| Bounce Back Loans on 11:49 - May 6 with 362 views | grumpy |
| Bounce Back Loans on 09:50 - May 6 by Boris_ |
Now now, come on. You've said that it's unreasonable for a BUSINESS owner to take a LOAN from their BANK ( not the government ) to invest and grow their company, ultimately hopefully creating more jobs.
Explain your reasons? |
Sorry just in from the sunshine.I like to get out occasionally.
No I did not say that,I said its not right to take out loans that the government are on the hook for 80% when as you have said you didn't really need them.
Did you or did you not say 'that you didn't really need the loan's?,Yes or No would suffice. | | | |
| Bounce Back Loans on 11:52 - May 6 with 358 views | this_charming_man |
| Bounce Back Loans on 11:49 - May 6 by grumpy |
Sorry just in from the sunshine.I like to get out occasionally.
No I did not say that,I said its not right to take out loans that the government are on the hook for 80% when as you have said you didn't really need them.
Did you or did you not say 'that you didn't really need the loan's?,Yes or No would suffice. |
What part of it's a bank loan are you struggling with? | |
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| Bounce Back Loans on 11:55 - May 6 with 355 views | grumpy |
| Bounce Back Loans on 11:52 - May 6 by this_charming_man |
What part of it's a bank loan are you struggling with? |
No need from any help from you,sunshine, thanks. | | | |
| Bounce Back Loans on 11:59 - May 6 with 347 views | Boris_ |
| Bounce Back Loans on 11:49 - May 6 by grumpy |
Sorry just in from the sunshine.I like to get out occasionally.
No I did not say that,I said its not right to take out loans that the government are on the hook for 80% when as you have said you didn't really need them.
Did you or did you not say 'that you didn't really need the loan's?,Yes or No would suffice. |
Well depends how you define 'need' ?
We aren't currently insolvent if that is what you mean?
The government aren't on the hook for anything unless I can't pay the loan back. In the event that business gets so bad that I can't pay the loan back, that would perhaps suggest that I needed it in the first place, don't you think?!
Still struggling to understand what your issue is. Incase I've not been clear enough... it's a BANK loan, not a GOVERNMENT loan. I have not received a penny either in the form of a grant or a loan from the government at all, throughout this. | |
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| Bounce Back Loans on 12:04 - May 6 with 340 views | grumpy |
| Bounce Back Loans on 11:59 - May 6 by Boris_ |
Well depends how you define 'need' ?
We aren't currently insolvent if that is what you mean?
The government aren't on the hook for anything unless I can't pay the loan back. In the event that business gets so bad that I can't pay the loan back, that would perhaps suggest that I needed it in the first place, don't you think?!
Still struggling to understand what your issue is. Incase I've not been clear enough... it's a BANK loan, not a GOVERNMENT loan. I have not received a penny either in the form of a grant or a loan from the government at all, throughout this. |
Oh!for heavens sake.The Government are supporting banks.
Carry on, I'm off to enjoy this weather, at a safe distance of course. | | | |
| Bounce Back Loans on 12:06 - May 6 with 338 views | Boris_ |
| Bounce Back Loans on 12:04 - May 6 by grumpy |
Oh!for heavens sake.The Government are supporting banks.
Carry on, I'm off to enjoy this weather, at a safe distance of course. |
The government are underwriting the loans, not paying for them.
You appear to be struggling having any common sense so I am trying to help you here Grumps. | |
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| Bounce Back Loans on 12:25 - May 6 with 320 views | kernow |
| Bounce Back Loans on 12:06 - May 6 by Boris_ |
The government are underwriting the loans, not paying for them.
You appear to be struggling having any common sense so I am trying to help you here Grumps. |
If your BUSINESSES go pop the Government repay with interest the loans to the Bank so it is risk free as far as you and the Bank are concerned as the taxpayer picks up the tab.
I can see the attraction. | | | |
| Bounce Back Loans on 12:48 - May 6 with 300 views | grumpy |
| Bounce Back Loans on 12:06 - May 6 by Boris_ |
The government are underwriting the loans, not paying for them.
You appear to be struggling having any common sense so I am trying to help you here Grumps. |
Government underwriting loans is supporting them,they wouldn't do it otherwise.
You appear to be selective in what you read and indeed what you reply to. | | | |
| Bounce Back Loans on 12:51 - May 6 with 294 views | JaySaint |
I thought grumps et al would be rejoicing in the current socialist/X-rebellion paradise we are currently in.
Not only has the covid situation brought out everyone's inner brexiteer, but also their inner Tory.
quite remarkable | |
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| Bounce Back Loans on 12:58 - May 6 with 288 views | kernow |
Yes a remarkable volte-face.
A bit like Molotov-Ribbentrop, when "all the isms became wasms." | | | |
| Bounce Back Loans on 13:58 - May 6 with 259 views | Boris_ |
| Bounce Back Loans on 12:48 - May 6 by grumpy |
Government underwriting loans is supporting them,they wouldn't do it otherwise.
You appear to be selective in what you read and indeed what you reply to. |
Supporting by guaranteeing the loans. Only relevant if a BUSINESS goes in to liquidation with no cash or assets to pay the creditors.
So I will ask you again... what is your issue? | |
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